58 result(s) for wage support in Business
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
OECD Recommends Measures To Support Growth In Hungary
- 10 Feb 2015 8:00 AM
- business
The OECD has said Hungary should reduce the tax wedge on low wages, scale back disincentives for older workers and make education more equitable to support economic growth.
Hungary's Economy Minister Varga Outlines New Economic Policy
- 3 Jun 2014 9:00 AM
- business
The economic model based on combining cheap labour with imported technology and know-how is becoming outdated, as neighbouring countries now also have skilled labour, which was Hungary’s advantage earlier, Economy Minister Mihály Varga told Napi Gazdaság in an interview.
No Threat Of Deflation In Hungary
- 10 Feb 2014 8:00 AM
- business
Coface analysts see no threat of deflation in Hungary even though inflation has fallen to a ten-year low. The leading global credit insurer said in its latest analysis that inflation has sunk to a ten-year low in Hungary, primarily due to a series of government-mandated utilities price cuts.
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
OECD Recommends Measures To Support Growth In Hungary
- 10 Feb 2015 8:00 AM
- business
The OECD has said Hungary should reduce the tax wedge on low wages, scale back disincentives for older workers and make education more equitable to support economic growth.
Hungary's Economy Minister Varga Outlines New Economic Policy
- 3 Jun 2014 9:00 AM
- business
The economic model based on combining cheap labour with imported technology and know-how is becoming outdated, as neighbouring countries now also have skilled labour, which was Hungary’s advantage earlier, Economy Minister Mihály Varga told Napi Gazdaság in an interview.
No Threat Of Deflation In Hungary
- 10 Feb 2014 8:00 AM
- business
Coface analysts see no threat of deflation in Hungary even though inflation has fallen to a ten-year low. The leading global credit insurer said in its latest analysis that inflation has sunk to a ten-year low in Hungary, primarily due to a series of government-mandated utilities price cuts.
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.